Brevard insurance agent charged with embezzlement

From staff reports

Published: Wednesday, March 27, 2013 at 6:15 p.m.

Last Modified: Wednesday, March 27, 2013 at 6:15 p.m.

An insurance agent from Brevard was arrested and charged Wednesday with two counts of embezzlement after state investigators say she accepted nearly $440 in cash premium payments that were not applied to customers’ accounts.

N.C. Department of Insurance criminal investigators say Holly Ann Small, 38, of 115 McMinn Ave., accepted $439.95 in payments from policyholders between April 4-5 at the Henderson County office where she worked. Investigators say she did not apply the payments to the customers’ accounts.

“The funds were never located and the agency owner had to pay the missing premiums so that neither customer experienced a lapse in coverage,” according to a news release from the NCDOI.

Small was arrested March 27 by the Transylvania County Sheriff’s Office. Bond information was not available.

<p>An insurance agent from Brevard was arrested and charged Wednesday with two counts of embezzlement after state investigators say she accepted nearly $440 in cash premium payments that were not applied to customers' accounts.</p><p>N.C. Department of Insurance criminal investigators say Holly Ann Small, 38, of 115 McMinn Ave., accepted $439.95 in payments from policyholders between April 4-5 at the Henderson County office where she worked. Investigators say she did not apply the payments to the customers' accounts.</p><p>“The funds were never located and the agency owner had to pay the missing premiums so that neither customer experienced a lapse in coverage,” according to a news release from the NCDOI.</p><p>Small was arrested March 27 by the Transylvania County Sheriff's Office. Bond information was not available.</p>